| eksj | Date: Tuesday, 2013-10-08, 22:51:56 | Message # 1 |
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| Piracy reduces foreign box office receipts 7
A new academic study provides ammunition for those who say online piracy is hurting Hollywood bottom line.
A paper by economists Brett Danaher of Wellesley College and Joel Waldfogel of the University of Minnesota estimates that piracy caused a 7% decline in international box office returns during <a href=http://www.aapl.cc>nfl wholesale jerseys</a> a oneyear period bridging 2005 and 2006 studied <a href=http://www.aapl.cc>wholesale jerseys</a> by the academics. and are usually available via BitTorrent soon after they hit theaters, the study compared movies foreign box office receipts to their domestic takes before and after the advent of Internet piracy.
It found that the overall decline in overseas box office receipts <a href=http://www.kurilladesign.com>cheap nfl jerseys</a> was 7%, which during the period studied amounted to a drop of $240 million. The researchers found a more significant decrease in foreign box office compared with domestic for science fiction and action films, genres that tend to be more popular among the online piracy community. and foreign releases of movies.
That something Hollywood is already doing. Most bigbudget movies now debut simultaneously in most countries and a growing number are actually premiering first overseas, including the upcoming "Battleship" from Universal Pictures and "Prometheus" and "Ice Age: Continental Drift" from 20th Century Fox.
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